Zesco, FQM pen 10-year Power Supply Agreement
ZESCO Limited and First Quantum Minerals Limited (FQM) have signed a 10 year Power Supply Agreement (PSA) following the expiration of a 20 year contract on November 4, 2023. ZESCO Managing Director Victor Mapani has described the new agreement as a great milestone that marks a new chapter in the corporation’s partnership with its valued…...
Chikoya tips pastors on how to fight temptations
COUNCIL of Churches in Zambia (CCZ) General Secretary Fr Emmanuel Chikoya says a human body will always be vulnerable to temptations, and being a pastor or a priest doesn’t exempt one from experiencing this. Meanwhile, Fr Chikoya says the church is open to dialogue with government over their concerns. Last week police arrested popular pastor…...
Women must not mud sling each other in the media – NGOCC
NGOCC Board Chairperson Grace Sinkamba has called on women in politics to a round table discussion on issues that are affecting them in the country. Speaking when she featured on Diamond TV’s COSTA programme, Sunday, Sinkamba said women should not mud sling each other in the media but dialogue and come to an understanding. “As…...
Govt must embrace ideas from everyone to resolve economic crisis – Kateka
NEW Heritage Party president Chishala Kateka says the country is not seeing a well thought out approach to resolving the current economic issues, urging government to embrace ideas from everyone in order to see some change. And Kateka says Ndola City Council’s now abandoned idea of introducing a wheelbarrow vendor levy shows lack of seriousness…...
News Diggers! ePaper Edition 1613 Tuesday November 28, 2023
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Rethinking the Implications of Mineral Tax Collection in US Dollars for the Kwacha and Foreign Exchange Management in Zambia
In this week’s article, I explore the consequences of the government collecting mineral taxes in US dollars rather than the local currency, the kwacha. I explore potential considerations and solutions to mitigate losses incurred due to this practice. During the peak of the COVID-19 pandemic, the Bank of Zambia (BOZ) implemented various measures to alleviate […]
It won’t be good if we don’t qualify for WAFCON after playing at World Cup – Mwape
WOMEN’s national team coach Bruce Mwape says it will not look good for the Copper Queens to fail in their Africa Cup of Nations qualifiers after making the World Cup. And FAZ General Secretary Reuben Kamanga has urged the team to finish off the game in Angola to lessen pressure when playing at home. Mwape…...
Zesco electrocutes Nkana to go top of league
ZESCO United has gone top of the MTN Super League table after rallying from a goal down to thrash Nkana 3-1 at the Levy Mwanawasa Stadium yesterday. A brace from substitute Enock Sakala Jr and one screamer from Abraham Siankombo were enough to end Nkana’s dreams of playing in this year’s ABSA Cup. In a…...
Shame on Ndola City Council over wheelbarrow levy
HEAVY criticism has followed the Ndola City Council over an announcement that it was introducing what is being called Wheelbarrow Levy. In the wisdom of the elected city municipality, the solution to the scarcity of money is taxing the hustlers who push wheelbarrows around town, moving merchandise for travelers and traders from one place to…...
Ndola town clerk explains rationale behind wheelbarrow levy
NDOLA City Council Town Clerk George Mulenga says the council came up with the idea of introducing a wheelbarrow vendor levy so that operators could also contribute towards the maintenance of public places. Mulenga, however, says the meeting which the council intended to have with wheelbarrow operators, but has been canceled, was meant to be…...